Lower timeframes (65-minute/10-minute) define the "waves."
Look for price action patterns, such as a break out of a "VWAP squeeze" (Volume Weighted Average Price) or a transition from lower-lows to higher-highs. Key Technical Indicators in Shannon’s Framework technical analysis using multiple timeframes brian shannon
Using Multiple Timeframes with Anchored VWAP creates a "magnetic field" for price. Lower timeframes (65-minute/10-minute) define the "waves
Identifies the primary trend and major long-term support/resistance levels. Daily Chart (Intermediate Trend): Shannon advocates for Price Action
Brian Shannon is widely respected for his pragmatic, no-nonsense approach to the markets. Unlike analysts who rely on complex indicators, Shannon advocates for Price Action, Volume, and Market Structure across three specific timeframes.
"If you don't understand the context of the market you are trading in, you are trading blind."